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BUSINESS FOR SALE - PROFILE #  01984823DCJS

BEER, WINE CONVENIENCE STORE, SELLER FINANCING
Los Angeles

Asking Price: $145,000   Down Payment: $95,000  
Gross Revenue: $410,000   Adj. Cash Flow*: $42,000  
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Executive Summary
BEER & WINE (ABC license 20 off sale) CONVENIENCE STORE Long established more than 40 years ago in a high density residential neighborhood, very easy operation with low rent. Currently operated by employees due to family issues. Market is very spacious 2800 SF, and has walk-in cooler. Store accepts EBT and sells Lotto. Some monthly expenses: electricity $600/m, phone/internet $110/m. Lotto revenues are around $500-$800/m. Seller is willing to carry a note upto $50K for qualified buyers. Great opportunity for an owner operator.

Acquisition Highlights

  • BEER & WINE (ABC license 20 off sale) CONVENIENCE STORE Long established more than 40 years ago in a high density residential neighborhood, very easy operation with low rent. Currently operated by employees due to family issues. Market is very spacious 2800 SF, and has walk-in cooler. Store accepts EBT and sells Lotto. Some monthly expenses: electricity $600/m, phone/internet $110/m. Lotto revenues are around $500-$800/m. Seller is willing to carry a note upto $50K for qualified buyers. Great opportunity for an owner operator.
  • Financing Information:  2 years @ 6%
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 1976 Inventory: $50,000
Employees: 1 FT, 1 PT Furniture, Fixtures & Equipment: $30,000 Included
Lease/Rent: $1,530 Real Estate:
Building Sq Ft: 2800
    Total Assets Included in Sale: $175,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  JUDE SELECK
Phone:  (562) 402-2686
Fax:  (562) 809-3398
Other:  (760) 539-2911
E-mail:  judevrbb@gmail.com
VR Business Brokers - Artesia, CA
17100 Pioneer Blvd #195
Artesia, CA 90701
www.vrbb.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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